Key Characteristics & Buyer Profile
This is a 1958-built home in Windsor Park with 1,051 sq ft of living space on a 5,858 sq ft lot. Its assessed value sits at $367,000.
The property’s main appeal is consistency. It sits very close to neighbourhood averages across all four key metrics—size, value, age, and land—rather than standing out in any extreme direction. On its own street, it ranks in the top 19% for assessed value, suggesting it offers slightly more value relative to its immediate neighbours without being an outlier. For buyers who want a solid, middle-of-the-road home in an established area, this avoids the pitfalls of either a fixer-upper or a premium-priced showpiece.
The land is below the street average but closely matches the community and city norms. The building age (1958) is also in line with the surrounding area, meaning the home likely shares a common construction style and maintenance profile with nearby properties. This predictability can be an advantage for buyers who want to understand long-term upkeep costs without surprises.
This property suits a buyer looking for a dependable, no-fuss home in a mature neighbourhood. It’s a good fit for someone who values being in a well-established community with stable comparables, rather than chasing a fixer-upper for high upside or a newly renovated home at a premium. First-time buyers, downsizers, or investors seeking a straightforward, market-aligned asset would find this worth considering.
Five Possible FAQs
1. How does the assessed value compare to similar homes in the area?
The property’s assessed value of $367,000 is slightly above the street average of $348,000 and close to the community average of $354,000. It ranks in the top 19% on its street, meaning it’s valued higher than most immediate neighbours, but it’s still right in line with the broader Windsor Park market.
2. Is the lot size considered small for this neighbourhood?
It’s below the street average (5,858 sq ft vs. 6,291 sq ft) but nearly identical to the community average (6,030 sq ft) and below the city average (6,570 sq ft). So it’s a typical lot for the area—not oversized, but not unusually tight either.
3. The home was built in 1958. What should I expect in terms of maintenance?
Homes from that era are common in Windsor Park, so the property’s age is typical for the neighbourhood. Expect original construction features like plaster walls, cast iron plumbing, and possibly an older electrical system. If these haven’t been updated, factor that into your budget. The advantage is that you’re not buying an oddball from a different decade—repairs and replacements will be similar to what neighbours have dealt with.
4. How does the living space compare to other homes in the city?
At 1,051 sq ft, the home is below the city-wide average of 1,342 sq ft, ranking in the bottom third. That said, it’s almost exactly in line with the street and community averages (1,042 sq ft and 1,091 sq ft respectively). So while it’s on the smaller side city-wide, it’s perfectly standard for this area.
5. What does “close to average” actually mean for resale value?
Homes that track closely to local averages tend to appeal to a broad range of buyers, which can make them easier to sell. However, they rarely command a premium above the market norm. If you’re buying, you’re likely paying a fair price for what’s typical in the neighbourhood—not overpaying for a standout feature, but also not getting a bargain below market.